Check Out the Stocks Today [11-01-2021]

  • TCS reported 7.2% rise in profit at Rs8,701cr against Rs8,118cr, revenue rose 4.7% to Rs42,015cr from Rs40,135cr QoQ.

  • Vedanta Promoter group launches open offer to buy 10% stake in the company.

  • Tata Steel India business production in Q3 increased 0.2% QoQ and 2.9% YoY to 4.6 mt, but deliveries fell 7.7% QoQ and were down 3.9% YoY to 4.66 mt.

  • KEC International wins orders worth Rs1,024cr across various businesses.

  • Jindal Stainless: India Ratings & Research and CARE have upgraded the company‚Äôs rating from BBB to BBB+.

  • Jindal Stainless (Hisar): CARE Ratings has revised the credit rating of long-term bank facilities of Rs 2,811.46 crore to A- and the rating of short-term bank facilities of Rs 2,150 crore to A2+.

  • Equitas Small Finance Bank, in its third quarter business update has reported a 19% year-on-year growth in gross advances to Rs17,385cr.

  • Maharashtra Pollution Control Board through its letter on January 8 has allowed Fine Organics to continue manufacturing activities at its Ambernath unit.

  • Future Enterprises: CARE Ratings has downgraded the credit rating of the NCD Issue (Series XXV -A and XXV- B) of the company to D from C.

  • Bodal Chemicals: National Company Law Tribunal, Ahmedabad Bench, has approved the Scheme of Amalgamation of Trion Chemicals, a wholly-owned subsidiary of company, with Bodal Chemicals.

  • Narayana Hrudayalaya has discontinued its operations of the Heart Centre which was operated in the premises of IQ City Hospital in Durgapur, West Bengal under an agreement with IQ City Foundation.

  • Karur Vysya Bank has revised the Base Rate to 8.25% from 8.10% and BPLR rate to 13.25% from 13.10%.

  • Reliance Infrastructure has completed the stake sale of its entire 74% shareholding in Parbati Koldam Transmission Company to India Grid Trust.

  • ICICI Prudential Life held 1.23% stake in HDFC Bank in the September quarter but its name did not appear in the December quarter shareholding.

  • Foreign portfolio investors raised stake in PVR to 38.5% in the December quarter from 34.6% in the previous quarter.

  • HDFC AMC increased stake in Mishra Dhatu Nigam to 9.13% from 7.10% via open market transaction.

  • DB Realty acquired a 49% equity stake and Prestige Estates Projects a 50% stake in Pandora Projects.